DEGIRO Vs. Alvexo - Compare Trustworthiness, Capabilities, Fees and Legitimacy

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

Alvexo is a Cypriot broker founded and regulated in 2014 that specialises in CFDs trading via MT4 and their proprietary trading platform. As of August 3rd 2022, Alvexo's CySec license is partially suspended making them unavailable in French territory.

• Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
• Active traders that look to access the large variety of exchanges offered

• At the moment, no user category is best served by Alvexo

• BaFin (Germany)
• AFM (Netherlands)

• CySec (Cyprus)
• FSAS (Seychelles)

• No conflicts of interest between DEGIRO and its customers
• Virtually unlimited asset offering from 50 exchanges across the globe
• Low fees when compared to traditional banking alternatives

• Very simple and easy to use proprietary platform along with MT4
• Trading Singals offered (untested)

• Credit card deposits are not available
• Simplistic platforms with not many features
• Fees are expensive when compared to commission free brokers

• High minimum deposit without any benefits for the requirement
• Amongst the highest spreads we have seen for brokers in the same category
• Asset offering is low (below 500 instruments)

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Bank Transfer
• Paypal

• Credit Card
• Debit Card
• Bank Transfer
• Neteller

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

US, CA, SY, IR.

$10 monthly after 3 months of inactivity.

Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.